Daily GK Update: 7th December 2019

NSE appoints Girish Chandra Chaturvedi as chairman

  • Leading stock exchange NSE on Friday said it has appointed Public Interest Director Girish Chandra Chaturvedi as its new chairman.
  • The appointment comes following the approval of the markets regulator Securities and Exchange Board of India (Sebi).
  • The position was vacant since Ashok Chawla resigned as the chairman of the National Stock Exchange(NSE) in January.
  • In a statement, the bourse said Chaturvedi has been appointed as the chairman of the governing board of the NSE with the approval of Sebi, effective Friday.

Source : The Economic Times

100 days of Pradhan Mantri Van Dhan Yojana

  • Shri Pravir Krishna, Managing Director, TRIFEF updated the media on the completion of  ‘100 days of Pradhan Mantri Van DhanYojana (PMVDY)’, a national programme driven by TRIFED under Ministry of Tribal Affairs, aimed at empowering tribals all over the country to make them entrepreneurs.
  • Addressing at an event to celebrate ‘100 days of PMVDY’ and on forging an association of Tribes India with Global Designer RituBeriorganized by TRIFED here today, he said that PMVDY is a Market Linked Tribal Entrepreneurship Development Program for forming clusters of tribal Self Help Groups and strengthening them into Tribal Producer Companies.

Foreign Exchange reserve touches a new high of 451.08 billion USD

  • Foreign exchange reserves gained USD 2.484 billion to touch a new high of USD 451.08 billion in the week to November 29, according to the weekly data released by the Reserve Bank on Friday.
  • In the previous week, the reserves had increased by USD 347 million to USD 448.6 billion.
  • Announcing the fifth bi-monthly monetary policy on Thursday, governor Shaktikanta Das had said the reserves touched USD 451.7 billion as of December 3, an increase of USD 38.8 billion since April.

Source : The Economic Times

Assam govt sets up Anti-Depredation squads

  • The Assam government has set up 15 Anti-Depredation Squads of the Forest department to deal with human-wildlife conflicts in the state.
  • The anti-depredation squads will be stationed in 15 major human-wildlife conflict districts of the state to deal with the problem and ensure the safety of both humans and animals.

Source : Business Standard

India ranks 5th in Global Climate Risk Index

  • India is the fifth most vulnerable country to climate change, according to a report released by Environment think tank, Germanwatch.
  • In the Climate Risk Index 2020, India’s rank has worsened from the 14th spot in 2017 to 5th in 2018 in the global vulnerability ladder.
  • India has also recorded the highest number of fatalities due to climate change and the second highest monetary losses from its impact in 2018. India’s high rank is due to severe rainfalls, followed by heavy by heavy flooding and landslide that killed over 1000 people.
  • Germanwatch, based in Bonn and Berlin (Germany), is an independent development and environmental organisation which works for sustainable global development.

Govt approves 7 projects to set up FM transmitters along Indo-Nepal border

  • The government has approved seven projects for setting up FM transmitters in the premises of Sashastra Seema Bal (SSB) to strengthen FM coverage along the Indo-Nepal border.
  • Information and Broadcasting Minister Prakash Javadekar told Lok Sabha that projects would be in Bihar, Uttar Pradesh and Uttarakhand.
  • “These are for Bathnaha (Araria), Narkatiaganj (West Champaran) and Sitamarhi in Bihar, Gadaniya (Lakhimpur Kheri), Nanpara (Bahraich) and Maharajganj in Uttar Pradesh and Champawat, Uttarakhand,” he said in a written reply on Friday.

Source : Business Standard

Florence Nightingale Awards 2019

  • President Ram Nath Kovind presented the National Florence Nightingale Awards to 36 nursing personnel at an awards ceremony in Vigyan Bhawan, New Delhi on December 5, 2019. The awards were conferred on the occasion of International Nurses Day.
  • While conferring the awards, the President reiterated the significant role played by the nurses in delivering quality healthcare, addressing multiple health challenges and caring for the health needs of families, individuals and communities as a whole.
  • The President stated that nurses are a symbol of seva, shushrusha and karuna. They are the face of healthcare services for patients and their families.
Source : The Jagran Josh

Pradhan chairs Petroleum Ministry’s Consultative Committee

  • The first meeting, under the current government, of the Consultative Committee of the Members of Parliament (MPs) of the Ministry of the Petroleum and Natural Gas was held earlier this week.
  • This meeting was chaired by Minister for Petroleum and Natural Gas Dharmendra Pradhan and attended by Minister of State for Parliamentary Affairs and External Affairs V Muraleedharan, 19 MPs from the Lok Sabha and eight MPs from the Rajya Sabha.

Source : The Hindu Business Line

OPEC+ agrees to cut output target by 500,000 barrels a day

  • To apply from Q1 in 2020; will increase production-cut target to 1.7 m bpd
  • OPEC+ will adjust its output target and redistribute production cuts between its members under pressure from Saudi Arabia, which has long carried an outsized share of the burden.
  • The group, which pumps more than half the world’s oil, agreed in Vienna on Friday to reduce its output target by 500,000 barrels a day, said delegates, bringing it in line with recent production levels

Source : The Hindu Business Line

Oxford Names ‘Climate Emergency’ Its 2019 Word of the Year

  • Oxford Dictionaries has named “climate emergency” as its 2019 Word of the Year, choosing it from an all-environmental shortlist that also included “climate action,” “climate denial,” “eco-anxiety,” “extinction” and “flight shame.”
  • The Word of the Year citation is intended to highlight “a word or expression shown through usage evidence to reflect the ethos, mood, or preoccupations of the passing year, and have a lasting potential as a term of cultural significance.” Recent winners have included “toxic,” “youthquake,” “post-truth” and “vape.”

Source : News 18

India, China begin joint military exercise in Meghalaya

  • Indian and Chinese militaries began their joint exercise in this northeastern state of Meghalaya on Saturday.
  • The annual exercise “Hand-in-Hand” 2019, with the theme of counter-terrorism under a United Nations mandate, is scheduled to be conducted at the state-of-the-art Joint Training Node at Umroi Cantonment, about 25 km from Shillong, will conclude on December 20.
  • A total of 130 troopers of the People’s Liberation Army led by Colonel Hu Chunguang of 1st Infantry Battalion, Tibet’s military command and the Indian contingent is led by Colonel K.J. Singh are taking part in the eighth edition of the exercise between the strong armies.

Source : India Today